• Text size      
  • Send this article to a friend
  • Print this article

Tesco price cuts fail to boost UK sales figures

SHOPPERS in Scotland are more anxious about Christmas spending than those in the south of England, the UK's biggest retailer Tesco revealed as it posted its fourth consecutive quarter of falling sales.

Tesco launched a £500 million price-cutting campaign in September and has seen a 1% rise in sales volumes in the UK, where it has 2700 stores, in the 13 weeks to November 26.

With price cuts this translated into a 0.9% decline in like-for-like sales excluding VAT and petrol. This matched the fall in the previous quarter.

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.